If price shows a shift and break of structure on lower timeframe, it's going to be a nice move down.
Comment:
There's one break with imbalance left so it will come back to some extent. Now that price is far from entry, there's an opportunity to go back up to that entry.
There's one break with imbalance left so it will come back to some extent. Now that price is far from entry, there's an opportunity to go back up to that entry.
Already one break of structure to see possible reversal. Now we just need to wait and see if it'll take out the previous high and cause a new break of structure which would then be an ideal entry.